New Hope, MS vs Robinhood, MS
There is a significant gap in the cost of living between these two cities. Robinhood is 19.3% cheaper than New Hope. With a cost index of 66 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Robinhood to New Hope should plan for substantially higher expenses across most categories.
On the housing front, median rent in New Hope is $963/month compared to $918/month in Robinhood — a 5% difference. Home values follow the same pattern: Robinhood is more affordable at $85,300 median vs $223,900.
Median household income in New Hope is $79,250 compared to $59,706 in Robinhood (+32.7%). While New Hope is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Hope spend roughly 14.6% of their income on rent, less than the 18.5% in Robinhood.
Climate-wise, both cities share similar average temperatures (64°F vs 65.4°F). New Hope receives more rainfall at 60" per year compared to 57.3" in Robinhood.
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Everyday Prices
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Climate
NOAA 30-year normals (1991-2020)